Saudi Aramco Q2 profit soars to record $66b on high oil prices, production

RIYADH (BLOOMBERG, REUTERS) – Saudi Aramco has posted the biggest quarterly adjusted profit of any listed company globally, driven by high crude prices and production. Aramco followed big oil rivals reporting a surge in profits. Net income rose to 181.64 billion riyals (S$66.3 billion) in the second quarter, up from 95.47 billion riyals a year earlier, […]

Odinga ahead in Kenya’s presidential race, results show

Recently elected MPs and governors from Azimio party, led by presidential candidate Raila Odinga, gather at their campaign headquarters in Nairobi, Kenya, Aug 13, 2022. (MOSA'AB ELSHAMY / AP) NAIROBI – Veteran opposition leader Raila Odinga led Kenya's presidential race, official election results showed on Saturday, pushing Deputy President William Ruto into second place. With […]

First Africa-bound grain ship arrives in Ukrainian port

This photograph taken on July 31, 2022 shows a grain combine harvester collecting wheat near Novoazovsk, Ukraine. (PHOTO/AFP) KYIV – The first Africa-bound grain ship since the Russia-Ukraine conflict in February docked in Pivdennyi port on Friday, Ukraine's infrastructure minister said. ALSO READ: Refused by buyer, first Ukraine grain vessel docks in Türkiye "The cargo […]